Audio Network

Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, we still focus on our customers and these three core values: The highest quality music We only record with the best, authentic musicians and composers at the top recording facilities in the world. Simple pricing and licensing All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you. Creativity Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2001
Size (employees)
197 (est)
Audio Network was founded in 2001 and is headquartered in London, GB

Audio Network Office Locations

Audio Network has an office in London
London, GB (HQ)
54 St John's Square

Audio Network Data and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$471 k

Latest funding size

$471 k

Time since last funding

over 12 years
Audio Network's latest funding round in January 2005 was reported to be $471 k. In total, Audio Network has raised $471 k

Audio Network Financial Metrics

Audio Network's revenue was reported to be £20.5 m in FY, 2016 which is a 16% increase from the previous period.
GBP

Revenue (FY, 2016)

20.5 m

Revenue growth (FY, 2015 - FY, 2016), %

16%

Gross profit (FY, 2016)

19.6 m

Gross profit margin (FY, 2016), %

95%

Net income (FY, 2016)

5.1 m

Cash (30-Jun-2016)

2.6 m
GBPFY, 2014FY, 2015FY, 2016

Revenue

14.8 m17.7 m20.5 m

Revenue growth, %

20%16%

Cost of goods sold

543.4 k733.6 k958.8 k

Gross profit

14.2 m16.9 m19.6 m
GBPFY, 2014FY, 2015FY, 2016

Cash

3.9 m1.4 m2.6 m

Accounts Receivable

5.2 m6.8 m9 m

Current Assets

9.6 m10.1 m14.7 m

PP&E

399.8 k508.4 k525.9 k
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

5.4 m5.5 m6.1 m

Cash From Financing Activities

(265 k)(515.6 k)(1.2 m)

Income Taxes Paid

(1.2 m)(1.2 m)(1.3 m)
Y, 2016

Financial Leverage

1.5 x
Show all financial metrics

Traffic Overview of Audio Network

Audio Network Online and Social Media Presence

Audio Network News and Updates

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London's in the dark restaurant has launched its first ever soundtrack to accompany your meal

LONDON — If eating in complete darkness wasn't enough to heighten your senses, London's in the dark restaurant, Dans Le Noir, has taken things to the next level. The popular date night spot, which employs blind waiters who lead diners to a pitch black dining room, has teamed…

Blockchain could completely transform the music industry

GUEST: Digital music really could use some help. Industry revenues are dipping due to piracy and illegal use of content. Singers and composers are being short-changed by music companies and streaming services. And business models built upon patterns and practices dating back to early 20th century, d…

Audio Network Company Life and Culture

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